484 North Coast Highway
484 North Coast Highway
Closing Notes
- Sourced a Local Buyer
- 29 Day Escrow
- All Cash Buyer
Property Description
Price: $2,995,000
Price Per/SF: $1,160.85
Land Area: ±0.14 Acres
Gross Leasable Area: ±2,580 SF
Year Built: 1934
Investment Highlights
Trophy Southern California Asset
- Extremely Rare Laguna Beach Property on Pacific Coast Highway
- Walking Distance to Downtown Laguna Beach and Main Beach
- Low Price/SF Land; 50% Lower Than Nearby Recent Sales
- First Time the Property Has Been on the Market in Over 50 Years
Investment Highlights
- Large Signage in Front of Property for Maximum Visibility
- Ample Parking Available
- 2 Carports + Storage Area with Roll Up Doors (Usable as 2 Car Garage) + 3 Additional Spaces in the Patio
- Plenty of Public Parking Available on North Coast Highway, Myrtle Street, and the Neighborhood Behind the Property
- Beautiful Covered Patio Separating the Storefront and Office Space
Prime Retail Location
- Located on Pacific Coast Highway with Traffic Count of ±38,500 Vehicles Per Day
- Part of the Laguna Beach Trolley Coastal Route and Laguna Beach Art Walk
- Wide Variety of Shopping Experiences: One-Of-A-Kind Boutique Shops, Art Galleries, Fine Dining, and More
- Nearby Retailers Include: Pavilions, Whole Foods, Husky Boy Burgers, Bianchi Winery, Zeytoon Café, Urth Café, Las Brisas, Carmelita’s, Dolce Gelato, Moulin, Nick’s Laguna Beach, and Others
Pride of Ownership Property in Laguna Beach, CA
- Southern California’s Premier Coastal Destination: A Year-Round Retreat for Art Lovers, Outdoor Adventures, Beachgoers, Families, and Romantics
- Highly Affluent Community with an Average Household Income of $219,000 within a 3-Mile Radius
- Vibrant Art Scene: Laguna Beach is home to the Sawdust Festival, Art-A-Fair, Pageant of the Masters, Festival of the Arts, and Passport to the Arts
Broker of Record: Adam Christofferson, Lic. CA 00530854
Contact Information
Johnny Le
Associate
Net Leased Properties Group
(949) 419-3249
[email protected]
License: CA 02039329
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643